Schneider National (NYSE:SNDR) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Schneider National (NYSE:SNDR) had its price target lifted by stock analysts at Stifel Nicolaus from $28.00 to $31.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 5.48% from the stock’s previous close.

Several other equities research analysts also recently issued reports on SNDR. Evercore ISI lowered their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th. Susquehanna lowered their target price on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and cut their price target for the stock from $32.00 to $30.00 in a report on Tuesday, November 12th. TD Cowen raised their price objective on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group cut their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Schneider National currently has a consensus rating of “Hold” and an average target price of $29.38.

Schneider National Stock Down 1.4 %

Schneider National stock opened at $29.39 on Thursday. The firm’s 50 day moving average price is $30.46 and its two-hundred day moving average price is $28.45. The firm has a market cap of $5.15 billion, a PE ratio of 47.40, a P/E/G ratio of 1.90 and a beta of 0.93. Schneider National has a twelve month low of $20.50 and a twelve month high of $33.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. On average, research analysts predict that Schneider National will post 0.7 EPS for the current fiscal year.

Insider Activity at Schneider National

In other news, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the completion of the transaction, the chief operating officer now directly owns 266,887 shares in the company, valued at $8,833,959.70. This represents a 10.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the sale, the insider now directly owns 95,191 shares in the company, valued at approximately $2,764,346.64. This represents a 9.51 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 66,555 shares of company stock valued at $2,153,011. 32.68% of the stock is owned by insiders.

Institutional Investors Weigh In On Schneider National

Several large investors have recently made changes to their positions in SNDR. GAMMA Investing LLC raised its stake in Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after buying an additional 450 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Schneider National by 3.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after acquiring an additional 493 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in Schneider National by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock valued at $822,000 after acquiring an additional 710 shares during the period. Susquehanna Fundamental Investments LLC lifted its holdings in Schneider National by 1.8% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 76,449 shares of the company’s stock valued at $1,847,000 after purchasing an additional 1,341 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after purchasing an additional 1,350 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.